Primary listing photo

170 NE Craig Ave, Lake City, FL, 32055

24beds
24baths
9,206sqft
$950,000
$103price/sqft
$6,992/moest. monthly cost
$279,680/yrincome needed

About This Home

This o?ering presents a rare opportunity to acquire a **12-lot mobile home park** located in Lake City, Florida - one of North Florida's most reliable and in-demand a?ordable housing markets. The property o?ers a balanced mix of tenant-owned homes, rent-to-own contracts, and park-owned units, enabling predictable cash flow with built-in upside through unit renovations and rate optimization.The park is fully licensed, operating smoothly and supported by **recent infrastructure upgrades** , including a newly improved drain field and septic system, significantly reducing near-term capital expenditure risk. A current survey is available for buyer review. This asset is ideal for both first-time operators entering the mobile home park segment and experienced investors seeking a **low-maintenance, partially value-add park** in a growth market.

Getting Around

46
WalkingCar-Dependent
0
TransitVery Limited Transit
46
BikeSomewhat Bikeable

Schools

4/10
3/10
Columbia High SchoolGrades 9-123.2 mi
--
Niblack Elementary SchoolGrades PK-51.3 mi

Construction

Condition

  • Year built: 1994

Materials

  • Foundation: Slab
  • Roof: Metal,Shingle
  • Construction materials: Wood Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 24
  • Bathrooms: 24

Features

  • None

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total interior livable area: 9,206 sqft

Property

Details

  • Parcel number: 333S1706500001
  • Zoning: MHP
  • Special condition: None

Features

  • Exterior features: None

Lot

  • Lot size: 1.74 Acres